PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0454%/8h= −49.7% APRnext payment −$2.27 per $10,000 · paid last 24h −0.060%

Price spread now: Bitget against OKX+0.009%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1031.026% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.006%+$1 · spread now +0.009%, 7d avg +0.060%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.051% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PIEVERSE-USDT-SWAP	1.8223	0.0554	pay 0.0277% / 4h	21m 32s	$7.2M	$16.9M	20x
Short	Bitget PIEVERSEUSDT	1.8225	0.0100	get 0.0050% / 4h	21m 32s	$4.0M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$95.37
Price spread: +0.009% → +0.060%: −$5.1
Slippage, 4 orders: −$80.59
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$203.05
Costs to cover: 1.026%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 2 min ago	3.57 bp	25.6 bp −$26	179.5 bp −$1,795	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	4.53 bp	29.0 bp −$29	doesn't fit	doesn't fit	doesn't fit

PIEVERSE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8209	−0.080%	$10.9M	$10.3M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8207	−0.088%	$8.4M	$3.3M	25x	as long as short
Bitget PIEVERSEUSDTshort	+0.0100%	4h	1.8225	+0.009%	$4.0M	$2.1M	10x
Variational Omni PIEVERSE	+0.0100%	4h	1.8197	−0.142%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8200	−0.126%	$2K	$713K	20x	as long as short
BloFin PIEVERSE-USDT	+0.0466%	4h	1.8245	+0.121%	$1.1M	$2.3M	40x	as long as short
edgeX PIEVERSEUSDC	+0.0479%	4h	1.8237	+0.080%	$37K	$434K	10x	as long as short
Extended PIEVERSE-USD	+0.0480%	1h	1.8222	−0.007%	$42K	$264K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0480%	4h	1.8226	+0.016%	$2.6M	$816K	20x	as long as short
Binance PIEVERSEUSDT	+0.0482%	4h	1.8225	+0.012%	$21.6M	$26.6M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0536%	4h	1.8226	+0.016%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAPlong	+0.0554%	4h	1.8223	long leg	$7.2M	$16.9M	20x
Aster PIEVERSEUSDT	+0.0604%	4h	1.8219	−0.023%	$170K	$230K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0768%	4h	1.8211	−0.067%	$13.9M	$2.3M	20x	as long as short